RNS Number : 3492A
  South China Resources PLC
  31 July 2008
   

 For Immediate Release  31st July 2008

       


    South China Resources plc 
    (the "Company")

    Issue of Loan Stock

    The Board has approved the creation of �390,000 of 0% convertible loan stock (the "Convertible Loan Stock") in favour of Aguas Kalama
Ltd (the "Stockholder"). The Convertible Loan Stock will convert on the earlier of the re-admission to trading on AIM of the Company's
shares or at the election of the Stockholder.

    The Stockholder will have the right, subject to certain terms and conditions, to convert his Convertible Loan Stock in into fully paid
ordinary shares of 1p each of the Company on the basis of the lower of one Ordinary Share at the nominal stock conversion price applied to
the admission of shares of the Company to trading on AIM or one ordinary share for each 2p nominal amount of Convertible Loan Stock.

    For further information, please contact:

 South China Resources plc
 Tim Horgan                   +44 (0) 20 7292 9110

 Nabarro Wells & Co. Limited
 Hugh Oram                    +44 (0) 20 7634 4707

 Parkgreen Communications
 Sue Scott/Leah Kramer        +44 (0) 207 933 8780
                     

                  





This information is provided by RNS
The company news service from the London Stock Exchange
 
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